2nd New Condo Project Completed In South Florida Since 2007 Market Crash

4001 North Ocean Drive, Gulf Stream, southeast Palm Beach County

Apogee Beach condos, Hollywood, FL

MIAMI, FL -- With at least 160 new condo towers already proposed for South Florida, a second condo project has been completed while at least four more towers are scheduled to be delivered before the end of the year as the region's real estate market shows signs of recovering from the dramatic downturn of 2007, according to a new report from CondoVultures.com.

The newly completed 4001 North Ocean condominium complex with 34 units in Gulf Stream in Southeast Palm Beach County originally filed its "notice of commencement" to launch construction of the pair of six-story buildings fronting the Atlantic Ocean in February 2012, according to Palm Beach County records.

Bellini at Williams Island condos, Aventura, FL

In addition to the 4001 North Ocean project, four other condo projects - Apogee Beach in Hollywood, Bellini At Williams Island in Aventura, MyBrickell in Greater Downtown Miami, and the Regalia in Sunny Isles Beach - are expected to complete construction by the end of 2013, according to marketing literature from each project.

Remdering MyBrickell condos
Downtown Miami, FL

In Palm Beach County, a combination of domestic and international developers - in unrelated projects - are proposing to construct 23 towers with nearly 2,100 new condo units in a market that stretches from Boca Raton north to West Palm Beach north to Jupiter on the east side of Interstate 95 as of August 29, 2013, according to the Preconstruction Condo Projects Database™ compiled by the licensed Florida brokerage CVR Realty™.

For a complete copy of the company’s news release, please contact:

Condo Vultures®

225 Midtown Building

225 NE 34th St.,

Suite 209B

Downtown Miami, Florida, 33137.

800-750-0517.